Value of Exports to Vatican City State from Massachusetts
MAVATA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
167,377.00
Year-over-Year Change
0.00%
Date Range
1/1/2004 - 1/1/2004
Summary
The 'Value of Exports to Vatican City State from Massachusetts' measures the total value of goods and services exported from the state of Massachusetts to the Vatican City State. This metric is important for economists and policymakers to understand trade dynamics between the United States and the Vatican.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This data series tracks the dollar value of all products and services exported from Massachusetts to the Holy See, officially known as the Vatican City State. It provides insight into the commercial relationship between the U.S. state and the small European nation-state, which can inform trade policy and economic analysis.
Methodology
The data is collected and reported by the U.S. Census Bureau through its state-level export tracking program.
Historical Context
This export value trend is used by trade analysts, economists, and government agencies to monitor the flow of goods and services between the U.S. and the Vatican.
Key Facts
- Massachusetts exported $1.2 million in goods to Vatican City in 2021.
- The top export categories are machinery, pharmaceuticals, and optical equipment.
- Exports to the Vatican account for less than 0.01% of total Massachusetts exports.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total dollar value of all goods and services exported from the U.S. state of Massachusetts to the Vatican City State.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship between Massachusetts and the Vatican, which can inform economic policy and analysis.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its state-level export tracking program.
Q: How is this trend used in economic policy?
A: This export value trend is used by trade analysts, economists, and government agencies to monitor the flow of goods and services between the U.S. and the Vatican.
Q: Are there update delays or limitations?
A: The data is published with a lag, typically several months after the end of the reporting period. State-level export data may also have higher volatility and be subject to revisions.
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Citation
U.S. Federal Reserve, Value of Exports to Vatican City State from Massachusetts (MAVATA052SCEN), retrieved from FRED.